Tag Archives: mortgage rates

Mortgage rates dip as Omicron variant triggers market volatility

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Thirty-year mortgage rates fell to 3.05 percent, down 7 basis points from the week prior, according to Freddie Mac’s most recent lender survey released Thursday. Continue reading →

US home sales prices hit another all-time high, leaving buyers in the dust

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A new report released Wednesday by Redfin painted a bleak picture for homebuyers already fatigued by a tough market. Continue reading →

Fueled by climbing mortgage rates, existing-home sales rise again

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The median existing-home sales price, meanwhile, soared 13.9 percent year over year in November as inventory plunged 13.3 percent, according to data released Wednesday by the National Association of Realtors. Continue reading →

Small, outdoor-friendly rental markets thrived in 2021: RentCafe

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As would-be homebuyers opted out of the for-sale market due to harsh market conditions in 2021, renters turned to alternative markets with space and access to nature, a recent year-end study from RentCafe found. Continue reading →

Before the Fed sped up tapering, mortgage rates saw little change

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With mortgages likely getting more expensive for borrowers down the road, the rates for 30-year loans have been holding steady for weeks. Continue reading →

Bond yields rise as Fed says it will double pace of tapering

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The Federal Reserve will double the pace of its tapering of support for mortgage markets, as falling unemployment and worries about inflation outweigh uncertainty around the potential health and economic impacts of the Omicron variant. Continue reading →

2021 broke records for days on market, median price and more

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A new report from Redfin describes 2021 as “remarkable” and identifies numerous records that fell over the past 12 months. Continue reading →

Markets remain volatile, but mortgage rates stay the course

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The average rate for a 30-year, fixed rate loan was 3.10 percent this week, according to Freddie Mac’s latest lender survey. Continue reading →